<b>Cryptocurrency</b> Price on May 17: Bitcoin above $66.2K; Chainlink, Polkadot rise up to 15%
www.google.com

Meanwhile, the global cryptocurrency market cap declined by 0.29% to around $2.38 trillion in the last 24 hours. Bitcoin was up 0.3% at $66,252 as of …

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Gone in 12 Seconds: Two MIT-Educated Brothers Arrested for Alleged Lightning-Fast $25,000,000 Crypto Exploit
dailyhodl.com

Two US brothers who attended the Massachusetts Institute of Technology (MIT) have been arrested for allegedly partaking in a high-speed multimillion-dollar crypto heist. According to a new press release by the U.S. Department of Justice (DOJ), the brothers – Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York – have been attained […]

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Bitcoin (BTC) Soars Above $66K. Crypto Market Follows the Rise
crypto-economy.com

TL;DR BTC’s Significant Surge: Bitcoin (BTC) approached $66,000 due to positive US macro data, with mixed opinions on whether its upward trend will continue. CPI Data Impact: April’s Consumer Price Index (CPI) slightly exceeded expectations, hinting at potential ease in financial conditions for cryptocurrencies, despite concerns over Bitcoin’s price stability. Altcoins’ Performance: While Bitcoin maintains a strong […]

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As BTC Soars to $66K, Analyst Says This Sign Could Mark the End Of the Downtrend
cryptonews.com.au

Institutional investments and better economic conditions have spurred a recent Bitcoin rally, with the price now at around US$65,300. While no major future growth drivers are immediately evident, ongoing institutional adoption and potential Federal Reserve rate cuts could sustain interest. Analyst RektCapital notes Bitcoin has turned key resistance into support, forecasting a possible peak in […]

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Gaming Sensation Notcoin Debuts Token On TON Blockchain, Airdrops Over 80 Billion Tokens To Users
cryptonews.com.au

GameFi has enjoyed a strong start to 2024, with popular projects like Pixels and now Notcoin launching successful token airdrops. Notcoin, a web3 clicker game, has accrued a player base of over 35 million within just a few months. Players were rewarded with an airdrop of over 80 million NOT tokens, generating US$1b in trading […]

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XRP Price Prediction for May 16
u.today

Does XRP have enough strength for continued rise?

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POLKADOT PRICE ANALYSIS & PREDICTION (May 16) – DOT Tests $7 Following A Short Bounce, Can It Scale Through? 
nulltx.com

After taking a two-week downturn, DOT located a threshold and initiated a fresh increase following a sudden 5% surge yesterday. It paused buying and now looks indecisively weak on the daily chart. Since the price bounced sharply from $5.7 last month, DOT has remained in a consolidation phase, looking for a key level to initiate […]

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Funny Trump-Related Meme Coin Hits an ATH Amid These Presidential Campaign Developments
cryptopotato.com

TL;DR The Donald Trump-themed meme coin Doland Tremp (TREMP) reached a new all-time high after positive news about the billionaire’s presidential campaign. The former political leader has softened his stance on digital assets, describing himself as the candidate of the pro-crypto voters. Another Trump-Themed Meme Coin Took off The cryptocurrency market is well in the green today […]

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Bitcoin Technical Analysis: BTC Bulls Eye $68K After Surpassing Key $66K Resistance
news.bitcoin.com

As of May 17, 2024, bitcoin’s price stands at $66,303 with a market capitalization of $1.30 trillion and a 24-hour trading volume of $28.43 billion. Technical indicators from multiple time frames suggest a potential continuation of the bullish trend, albeit amidst notable market volatility. The convergence of moving averages and oscillators signals a strong upward […]

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Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto
bitcoinmagazine.com

Moments ago, the Senate passed legislation H.J.Res. 109 that would overturn the SEC’s Staff Accounting Bulletin (SAB) No. 121, preventing highly regulated financial firms from custodying Bitcoin and other cryptocurrencies. The legislation passed with a vote of 60 to 38, demonstrating bipartisan support for the measure. BREAKING: 🇺🇸 Legislation that would overturn SEC rule preventing highly […]

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Is Dogecoin About to Take Off? Indicators Suggest Upward Momentum Ahead
www.newsbtc.com

Dogecoin corrected gains and tested the $0.150 zone against the US Dollar. DOGE is now forming a base and might start a fresh increase above $0.1520. DOGE price jumped toward $0.160 before correcting gains. The price is trading above the $0.150 level and the 100-hourly simple moving average. There is a key bullish trend line […]

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Why is the crypto market up today?
cointelegraph.com

Rising Bitcoin ETF inflows, lower bond yields, and Coinbase’s plans to enter Australia’s pension market are some catalysts behind the crypto market’s rise today.

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Foundation for Next Altcoin Hype Cycle Now Setting Up, Says Crypto Trader – Here’s His Timeline
dailyhodl.com

A closely followed crypto analyst says that altcoins are setting the stage for a massive breakout by July. Pseudonymous analyst Rekt Capital tells his 467,200 followers on the social media platform X that an alt “hype cycle” is likely coming in the second quarter of the year as the market consolidates. “Still time left before […]

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$9,100 Drained From US Veteran’s Bank Account – Bank Rejects Responsibility, Demands Victim Pay $2,800 Negative Balance: Report
dailyhodl.com

A customer at a US bank says $9,100 was mysteriously drained from his account even after he notified the lender about suspicious activity. Military veteran Roberto Rangel says USAA then refused to reimburse his account – and demanded he pay a negative balance of $2,800 that was triggered by the theft, reports the Fox-affiliated news […]

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Two brothers studying at MIT charged with stealing $25 million worth of <b>cryptocurrency</b>
www.google.com

… cryptocurrency. Authorities said that the brothers- Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28,- carried out a cutting-edge scheme to …

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Billionaire Friedland Slams Bitcoin's Energy Use
u.today

American-Canadian billionaire Robert Friedland has criticized Bitcoin’s wastefulness

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Breaking News: CME to Launch Spot Bitcoin Trading Amid Wall Street Demand
crypto-economy.com

TL;DR Strategic Expansion: The Chicago Mercantile Exchange (CME) is launching a spot Bitcoin trading platform due to high demand from Wall Street, positioning itself as a competitor to Binance. Regulated Environment: CME aims to offer a regulated trading environment for investors seeking direct exposure to Bitcoin, building on its history of crypto-related products like Bitcoin and ETH futures. Wall […]

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Tether’s Game-Changing Collaboration: Redefining Crypto Payments with TON
crypto-economy.com

TL;DR Strategic Partnership: Tether Operations Limited has partnered with Oobit and the TON Foundation, aiming to redefine cryptocurrency payments as a mainstream means of transaction. This collaboration represents a significant step forward in the adoption of digital currencies. Seamless Transactions: The partnership seeks to offer users a seamless and convenient transaction experience. By leveraging decentralized technology […]

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US Treasury Announces Crypto-Crackdown, In Push Against Money Laundering, Illicit Finance
cryptonews.com.au

The 2024 US National Strategy report addresses the threat of illicit finance to national security, focusing on crypto’s role. It proposes modernising anti-money laundering and counter-terrorism financing, highlighting digital assets and DeFi risks. The report underscores the importance of global cooperation and regulatory compliance, especially for cryptocurrency exchanges. The United States Treasury has just released […]

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The Pulse of the Market – How Fear and Greed Shape Cryptocurrency Trading
dailyhodl.com

HodlX Guest Post  Submit Your Post   In the high-stakes world of cryptocurrency, market sentiment often swings wildly, driven by speculation and the whims of influential voices. Unlike traditional financial markets, crypto values can skyrocket or plummet based on the collective mood of traders, making it essential to stay attuned to these emotional undercurrents. Consider the […]

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‘Rocket Fuel for Bitcoin’: Analyst Jamie Coutts Says This Catalyst Could Propel BTC to $150,000 This Cycle
dailyhodl.com

Real Vision analyst Jamie Coutts is saying that the performance of the US dollar against other major currencies will impact the price of Bitcoin (BTC). Coutts tells his 16,300 followers on the social media platform X that the US Dollar Index (DXY), a measure of the US dollar’s value compared to a basket of six […]

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The Great Script Restoration: A Path Forward For Bitcoin
bitcoinmagazine.com

Bitcoin was initially designed with a fully fleshed out scripting language, intended to encompass and support any potential safe use case that users could come up with in the future. As Satoshi himself put it before he disappeared: “The nature of Bitcoin is such that once version 0.1 was released, the core design was set […]

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The Hidden Forces Behind Bitcoin Price: Latest Insights From On-Chain Data
www.newsbtc.com

Leading on-chain analyst James Check, popularly known as Checkmatey, has recently delved into the intricacies of Bitcoin’s market dynamics, offering a detailed on-chain data analysis that sheds light on the forces driving Bitcoin prices. His latest insights highlight a period he describes as “Quiet and Trending,” suggesting a robust underpinning despite significant sell-side pressures and […]

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Big miners pose a growing existential threat to Bitcoin
cointelegraph.com

As of May, AntPool and Foundry USA controlled more than 50% of Bitcoin’s hash rate. That could become a problem for Bitcoin users in the near future.

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ARBITRUM PRICE ANALYSIS & PREDICTION (May 16) – ARB Rejects $1 Amid Recent Surge, Is More Drops Around The Corner?
nulltx.com

Following a quick bounce from a two-month low, ARB climbed above a key psychological level and later lost momentum due to a rejection. It quickly turned weak again and now trades back near its recent low.  Arbitrum went through a lot of reductions in the last two months, losing more than 60% of its value […]

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The Floppening: Ethereum Can’t Stop Losing Ground To Bitcoin
cryptopotato.com

More than 19 months after Ethereum’s historic Merge upgrade, the data is clear: the network’s native asset, Ether (ETH), is not keeping up with Bitcoin (BTC). The ETH/BTC price ratio tapped another three-year low on Thursday at 0.044, with Ether last experiencing less market dominance against Bitcoin in May of 2021. Why Does ETH Keep […]

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Solana Meme Coin Marketplace Pump.fun Suffers $80 Million Exploit
news.bitcoin.com

Pump.fun, a Solana-based marketplace and deployment tool for meme coins, has acknowledged suffering an exploit dealing with the bonding curve contracts in its platform. While the protocol is still investigating the matter, it reported that “the TVL in the protocol right now is safe,” as it has upgraded the contracts to deal with the attack […]

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How did two brothers steal $25 million in <b>cryptocurrency</b>? – Government Technology
www.google.com

Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, used a “novel” method of stealing cryptocurrency from the Ethereum blockchain, according to U.S. …

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Billionaire Mike Novogratz Predicts Major Shift Ahead for Crypto
u.today

Novogratz hints that next few months might be critical to watch for crypto

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Crypto Exchange Coinbase Adds Solana-Based DEX to Listing Roadmap
dailyhodl.com

Coinbase has added a new Solana (SOL)-based decentralized exchange (DEX) altcoin to its listing roadmap. On Tuesday, the top US crypto exchange put Drift Protocol (DRIFT) on the path towards being tradeable on its platform in the future. Drift is an open-source DEX that enables transparent and non-custodial trading. Explains the project, “Drift was designed […]

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VC Roundup: Web3 infrastructure, ‘tokenization of everything’ drawing investors
cointelegraph.com

Funding for crypto startups rose to over $1 billion in April, with investors focusing on tokenization, Web3 infrastructure, and institutional demand amid the bull market.

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Sweet Deal: PancakeSwap Offers to Refund Interface Fees to Uniswap Users
crypto-economy.com

TL;DR Fee Reimbursement Campaign: PancakeSwap is offering to refund $8 million in interface fees to Uniswap users who match their trading volume on PancakeSwap v3, from May 16 to August 15, as a strategic move to attract traders after Uniswap increased its fees. Incentives and Efficiency: To draw users, PancakeSwap has proposed various incentives, including enhancing the veCAKE […]

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